The weekly RSI is now around 35, which is really low and something you mostly see in bear markets.
Even strong coins are getting hit, and the whole market is just waiting for Bitcoin to settle and find a bottom.
And yeah, crypto can stay oversold for months, so it doesnβt mean things will bounce right away.
Even strong coins are getting hit, and the whole market is just waiting for Bitcoin to settle and find a bottom.
And yeah, crypto can stay oversold for months, so it doesnβt mean things will bounce right away.
β€3β€βπ₯2π1π1
Crypto usually falls in two ways.
One is the long, painful crash that drags on for years. The other is a short dip that lasts a month or two and then recovers.
What weβre in right now feels more like the short dip. Weβre only down around 27 percent from the top, and itβs been about 40 days since that big October drop.
Things might feel shaky for a bit, but overall it still looks like a normal pullback inside a bigger uptrend.
Stay calm, stick to your plan, and let the market settle.
One is the long, painful crash that drags on for years. The other is a short dip that lasts a month or two and then recovers.
What weβre in right now feels more like the short dip. Weβre only down around 27 percent from the top, and itβs been about 40 days since that big October drop.
Things might feel shaky for a bit, but overall it still looks like a normal pullback inside a bigger uptrend.
Stay calm, stick to your plan, and let the market settle.
π3β€2β€βπ₯1π³1
#Bitcoin is now listed as one of the most important technological disruptions of the past 1,000 years
BULLISH ON ADOPTION
BULLISH ON ADOPTION
π4β€3β€βπ₯2π³2β‘1π₯1
π¨BREAKING: #Bitmine just bought $82 MILLION in ETH.
Tom Lee added another 28,625 $ETH ($82.11M) and now holds nearly 3.6M $ETH.
Tom Lee added another 28,625 $ETH ($82.11M) and now holds nearly 3.6M $ETH.
β€2π1π₯1π1
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Cryptoding News & Updates
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If trading feels exciting, youβre probably doing it wrong.
The best traders arenβt chasing adrenaline, theyβre mastering boredom.
No hype. No fireworks. Just quiet, calculated moves repeated over and over.
While amateurs chase dopamine, professionals stack discipline.
Wanna gamble? Vegas is open 24/7.
Wanna build wealth? Start thinking like the house, not the player.
The best traders arenβt chasing adrenaline, theyβre mastering boredom.
No hype. No fireworks. Just quiet, calculated moves repeated over and over.
While amateurs chase dopamine, professionals stack discipline.
Wanna gamble? Vegas is open 24/7.
Wanna build wealth? Start thinking like the house, not the player.
β€5π2π1
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The Bitcoin Sharpe Ratio has dropped close to zero, which usually means the market is in peak uncertainty and prices are resetting.
CryptoQuant says this level often appears right before risk-adjusted returns start looking much better again.
Feels like a possible bottom might be getting close for Bitcoin. π
CryptoQuant says this level often appears right before risk-adjusted returns start looking much better again.
Feels like a possible bottom might be getting close for Bitcoin. π
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